Avalara (AVLR) Tops Q4 EPS by 2c

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Avalara Announces Fourth Quarter and Fiscal Year 2021 Financial Results

February 10, 2022 4:10 PM EST

Fourth Quarter Total Revenue of $195.1 Million, up 35% year-over-year

Fiscal 2021 Total Revenue of $699.0 Million, up 40% year-over-year

SEATTLE--(BUSINESS WIRE)-- Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced financial results for its fourth quarter and fiscal year ended December 31, 2021.

For the full year we accelerated our topline, achieving revenue growth of 40% year-over-year, and we delivered our third consecutive year of positive operating and free cash flow, said Scott McFarlane, Avalara co-founder and chief executive officer. As... More